As the world moves towards more sustainable transport options, electric vehicles (EVs) are becoming increasingly popular. While the idea of switching to an EV may seem daunting, the benefits are substantial, and the transition is often easier than you might think. Let’s explore some of the key advantages of owning an EV, typical charging costs, the charging network, and average ranges.

Environmental Benefits

One of the most significant reasons to switch to an EV is the positive impact on the environment. EVs produce zero tailpipe emissions, which helps to reduce air pollution and combat climate change. By choosing an electric vehicle, you contribute to cleaner air and a healthier planet for future generations.

Cost Savings on Fuel

Charging an electric vehicle can be significantly cheaper than filling up a traditional petrol or diesel car. For example, the cost to charge an EV at home can be as low as 7 pence per kWh, depending on your tariff. This means that for an EV with a battery capacity of 60 kWh, a full charge could cost as little as £4.20. In comparison, filling a petrol car can often cost much more, especially with fluctuating fuel prices.

Lower Benefit-in-Kind Tax

For drivers using a company car or salary sacrifice scheme, electric vehicles still offer the lowest rates of Benefit-in-Kind (BiK) tax. With rates considerably lower than internal combustion engine and even hybrid cars, driving an EV is incredibly tax efficient. View the latest UK tax tables on our Deloitte vehicle tax pages here.

Convenient Charging Options

The charging network for EVs is continually expanding, making it easier than ever to find charging points. In the UK, there are over 70,000 public charging points, including rapid chargers which can provide an 80% charge in around 30 minutes. Many supermarkets, shopping centres, and public places now offer charging stations, allowing you to charge your vehicle while you shop or run errands.

Home Charging

One of the biggest advantages of owning an EV is the ability to charge at home. If you have a driveway or access to a garage, you can install a home charging point and charge your vehicle overnight. This means you can start each day with a full battery without the hassle of visiting a petrol station. Many vehicles also come with a 3-pin charger allowing you to charge from anywhere with an electricity supply.

Longer Ranges Than You Think

Modern electric vehicles come with impressive ranges, making them suitable for both daily commuting and longer journeys. The average range on new electric vehicles, is now almost 300 miles on a single charge. For instance, popular models like the Tesla Model 3 or the MG4 offer ranges that easily cover the longest journey most average drivers make in a year. Even the lower range cars have more than enough range to make a week’s worth of the average daily commute.

Maintenance Savings

Electric vehicles typically have fewer moving parts than traditional combustion engines, resulting in lower maintenance costs and less vehicle downtime. There are no oil changes, fuel filters, spark plugs, or exhaust systems to worry about. This can save you time and money in the long run.

Conclusion

Switching to an electric vehicle not only benefits the environment but also offers numerous practical advantages, including lower costs, convenient charging options, and access to high performance vehicles. With typical charging costs being so affordable and the growing network of charging stations, making the switch couldn’t be easier with Ogilvie Fleet contract hire or our industry-leading MiSalarySacrifice electric vehicle scheme.

Take a look at MiNextEV, the ultimate database of every available electric vehicle in the UK.